May 30, 2016 8:38 PM ET

Diversified Financial Services

Company Overview of Prosper Marketplace, Inc.

Company Overview

Prosper Marketplace, Inc., together with its subsidiaries, develops a peer-to-peer online credit marketplace in the United States. Its marketplace allows investor members to invest in unsecured consumer loans originated through the marketplace in an open and transparent marketplace aiming to profit financially, as well as socially. The company’s marketplace matches individuals who wish to obtain consumer loans with those who are willing to help fund those loans. Its marketplace also offers fixed rate, amortizing, and unsecured consumer loans to accredited and institutional investors, as well as issues notes. In addition, the company operates a cloud-based patient financing company for health...

221 Main Street

3rd Floor

San Francisco, CA 94105

United States

Founded in 2005

667 Employees

Phone:

415-593-5400

Key Executives for Prosper Marketplace, Inc.

Chief Executive Officer and Director
Age: 42
President
Age: 50
Executive Chairman
Age: 69
Chief Financial Officer
Chief Product Officer
Compensation as of Fiscal Year 2015.

Prosper Marketplace, Inc. Key Developments

Prosper Marketplace Reportedly Hires Investment Banks To Consider Options

Prosper Marketplace, Inc. has hired investment banks Financial Technology Partners LP and JPMorgan Chase & Co to explore strategic alternatives, including selling equity in the company, according to people familiar with the matter.

Prosper Has Delayed Floatation Plans

Prosper Marketplace, Inc. has delayed floatation plans. Prosper Marketplace delayed plans for an initial public offer that was expected in 2015 and has struggled with loans going sour faster than expected.

Prosper Presents at SunTrust Robinson 2016 Internet & Digital Media Conference, May-10-2016 09:25 AM

Prosper Presents at SunTrust Robinson 2016 Internet & Digital Media Conference, May-10-2016 09:25 AM. Venue: Palace Hotel, 2 New Montgomery Street, San Francisco, CA 94105, United States. Speakers: Aaron L. Vermut, Chief Executive Officer and Director.

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